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The first big mistake made on reducing legal fees was the focus by clients on rates and hourly discounts. We have previously talked about the value of this approach. Lower rates do not directly correlate to lower fees. Admittedly hourly rates have some impact, however, lowering unit costs without talking about number of units will

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There seems to be universal acceptance that the business model of law firms is broken or needs to be broken (depending on your point of view). But not much has been said about the service model. True – Legal Project Management (LPM) is touted as an effective tool for bringing efficiency and effectiveness to law

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In response to Mark Medice’s post – Yes, it is past time for law firms to re-think expenses. There have been a lot of discussions about firm’s cutting expenses. And an equal or greater number of discussions on being more efficient (even here on 3 Geeks). What is needed is a re-thinking that merges these

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The team at LexisNexis was kind enough to give me a preview of what’s coming. As one might expect, they have been working on their response to WestLawNext. Response is not actually the right word, since they have obviously been working on this for some time.

The service is yet to be branded, so

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Watching Greg present to HALSM and participating in the lively and thoughtful dialogue, I came up with THE answer to lowering legal fees.
First some back ground – Greg was presenting on how “Efficiency” is finally becoming vogue in the legal market. He then went on to showcase how that trend can be and is

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We all to think we are ‘special’ and bring high value to our jobs. However, the past two years have made pretty much everyone (except maybe the Chinese) nervous about their prospects. Even lawyers are thinking about the possibility that they are not as ‘special’ as they once thought. In the words of one

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